Trane Technologies plc

Trane Technologies Plc is a global climate innovator, which engages in providing efficient and sustainable climate solutions to buildings, homes, and transportation. Its strategic brands include Trane and Thermo King. It operates through the following segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions; residential heating and cooling; and transport refrigeration systems and solutions in North America and Latin America regions. The EMEA segment encompasses heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment encompasses heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

Earnings data Q1 2021

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Earnings data Q4 2024

Trane Technologies excels in 2022, poised for continued growth

Trane Technologies' strong 2022 performance, driven by organic revenue growth and a focus on innovation, positions the company for continued success in 2023. With a strategic capital allocation plan, emphasis on market outperformance, and investments in key growth areas, Trane is poised to deliver differentiated shareholder returns. Challenges in supply chain management are being addressed to ensure sustained growth and customer satisfaction.

Trane Technologies excels in Q1, eyes carbon reduction and tech innovation

Trane Technologies' Q1 performance reflects strong financial metrics, a purpose-driven approach to sustainability, and a focus on innovation. Despite challenges in certain business segments and regions, the company's strategic investments and positive market outlook position it well for continued growth and profitability.

Trane Technologies excels in Q2, eyes sustainable growth opportunities

Trane Technologies' strong Q2 performance, strategic focus on sustainability, and robust backlog position the company for continued growth.
Challenges include moderating price benefits, labor market impacts, and transitioning to new refrigerants, but opportunities in technology acquisitions and cooling solutions abound.
Balanced capital deployment, strong revenue growth, and a resilient portfolio underscore Trane Technologies' resilience and long-term potential.
With a clear vision for a sustainable world, Trane Technologies navigates challenges and seizes opportunities to drive growth and innovation.

Trane Technologies reports strong Q3 results and eyes sustainable growth

Trane Technologies' Q3 2023 showcased robust performance, strategic strengths, some challenges, and promising opportunities for future growth.
The company's focus on sustainability, innovation, and customer relationships underpins its strong financial results and outlook.
Despite certain challenges like pricing pressures and refrigerant transitions, Trane Technologies remains well-positioned for continued success.
Overall, Trane Technologies' performance, backed by a solid strategy and market positioning, bodes well for sustained growth and shareholder returns.

Trane Technologies excels in Q4, eyes growth amidst sector challenges

Trane Technologies' Q4 performance showcases resilience amidst challenges, with a focus on sustainability, innovation, and growth. The company anticipates strong financial results in 2024, balancing sector impacts with strategic investments and a commitment to sustainability.

Trane Technologies excels in Q1 2024, eyes growth opportunities

Trane Technologies' Q1 2024 performance reflects strong growth, particularly in commercial HVAC and services.
Strategic focus on sustainability, innovation, and balanced capital allocation underpin the company's success.
Challenges in residential business growth and applied systems complexity require attention for sustained performance.
Opportunities lie in continued investments, data center solutions, services attachment rate, and strategic acquisitions.

Trane Technologies reports record Q2 bookings and raises full-year guidance

Trane Technologies' Q2 performance reflects strong growth in bookings and revenues, particularly in the Americas. While facing challenges in certain regions, the company remains optimistic about its full-year outlook and is committed to sustainable strategies and investments.

Trane Technologies excels in Q3 2024, eyes growth opportunities

Trane Technologies' Q3 2024 performance reflects strong growth driven by a purpose-driven strategy and operational excellence.
While challenges exist in market dynamics and policy impacts, the company's focus on innovation and strategic investments positions it well for future growth.
Opportunities for expansion and market leadership through raised guidance and sustainable solutions highlight a positive outlook for Trane Technologies.

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Trane Technologies Plc engages in providing solutions to buildings, homes, and transportation. It operates through the following business segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions, residential heating and cooling, and transport refrigeration systems, and solutions in North America and Latin America regions. The EMEA segment includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment is involved in heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

Trane Technologies' (TT) first-quarter 2022 earnings and revenues improve year over year.

Trane Technologies' (TT) Q1 Earnings Beat Estimates, Up Y/Y

Trane Technologies plc (NYSE:TT ) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Zach Nagle - Vice President of Investor Relations Dave Regnery - Chairman & Chief Executive Officer Chris Kuehn - Executive Vice President & Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Joe Ritchie - Goldman Sachs John Walsh - Credit Suisse Andy Kaplowitz - Citigroup Julian Mitchell - Barclays Josh Pokrzywinski - Morgan Stanley Steve Tusa - JPMorgan Nigel Coe - Wolfe Research Andrew Obin - Bank of America Deane Dray - RBC Operator Good morning. Welcome to the Trane Technologies Q1 2022 Earnings Conference Call.

Trane Technologies plc (TT) CEO Dave Regnery Q1 2022 Results - Earnings Call Transcript

Trane Technologies (TT) delivered earnings and revenue surprises of 12% and 6.22%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Trane Technologies (TT) Tops Q1 Earnings and Revenue Estimates

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $1.13 for the first-quarter of 2022. Adjusted continuing EPS was $1.12, up 11 percent, which excludes a net gain of $3.3 million related primarily to non-cash adjustments, transformation and other restructuring costs. First-Quarter 2022 Results Financial Comparisons - First-Quarter Continuing Operations $, millions except E

Trane Technologies Reports Record First-Quarter 2022 Results, Updates 2022 Guidance

Trane Technologies' (TT) first-quarter 2022 revenues are likely to have increased year over year.

What's in Store for Trane Technologies (TT) in Q1 Earnings?

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Goldman Sachs Industrials & Materials Conference. They will speak at 11:20 a.m. ET on Wednesday, May 11, 2022. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following th

Trane Technologies to Present at the Goldman Sachs Industrials & Materials Conference

SWORDS, Ireland--(BUSINESS WIRE)--Global climate innovator Trane Technologies (NYSE: TT), through its strategic brand Trane®, and luxury retailer Neiman Marcus Group are collaborating to decarbonize the luxury retailer's footprint through renewable energy, electrification, energy efficiency, and refrigerant management. Leveraging recommendations from Trane's customized energy decarbonization roadmap, Neiman Marcus Group is implementing significant change through major climate commitments and up

Neiman Marcus Group and Trane® by Trane Technologies Accelerate Luxury Retailer's Decarbonization Efforts

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, today released its 2021 Environmental, Social and Governance (ESG) Report, Transform Tomorrow, Today, which highlights notable progress toward ambitious, science-based greenhouse gas emission reduction targets, diversity and inclusion commitments, and other sustainability goals. “In 2021, we continued to set the pace in our industry for what's possible for a sustainable world,” said Dave Regnery, chair a

Trane Technologies Unveils Its Latest ESG Report, Highlights Progress Toward Bold Social and Environmental Sustainability Goals

SWORDS, Ireland--(BUSINESS WIRE)--Trane®, a brand of Trane Technologies (NYSE: TT), a global climate innovator, has been named Green Builder Media's prestigious HVAC Brand Leader for 2022. Recognized for its industry-leading sustainable solutions and focus on efficient indoor comfort, Trane outranked its peers in the publication's annual brand index that considers residential HVAC purchase preferences, sentiment and reader data. With over a century of experience in providing long-lasting, preci

Green Builder Media Names Trane® as 2022 HVAC Brand Leader

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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its first quarter 2022 financial results on Wednesday, May 4, 2022, at 10 a.m. ET. The company will issue its first quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals wishi

Trane Technologies Schedules First Quarter 2022 Earnings Conference Call

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Trane Technologies (TT) prioritizes improving its business operating system and innovation through transformation initiatives and investments.

Reasons to Hold Trane Technologies (TT) in Your Portfolio

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MORGANTOWN, Pa.--(BUSINESS WIRE)-- #BodiesThatMoveBusiness--Morgan Truck Body has unveiled its latest body innovations with the introduction of an electrified refrigerated concept truck body during Work Truck Week, March 8-11, 2022 in Indianapolis (Booth #4949). “Morgan is at the forefront of our customers' transition to an electrified refrigerated fleet,” says Tom Diez, Vice President, Sales and Marketing at Morgan Truck Body. “We have been partnering and collaborating with OEMs, customers and end users to drive the in

Morgan Truck Body Celebrates Its 70th Anniversary by Showcasing Electrified Truck Refrigerated Concept Body at Work Truck Week 2022

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the J.P. Morgan Industrials Conference. They will speak at 11:20 a.m. ET on Thursday, March 17, 2022. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following the event. About Tr

Trane Technologies to Present at J.P. Morgan Industrials Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Bank of America Global Industrials Conference. They will speak at 10:35 a.m. GMT (6:35 a.m. ET) on Tuesday, March 15, 2022. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days fol

Trane Technologies to Present at Bank of America Global Industrials Conference

Trane Technologies (TT) reported earnings 30 days ago. What's next for the stock?

Why Is Trane Technologies (TT) Down 9% Since Last Earnings Report?

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today announced it has joined the U.S. Department of Energy's (DOE) Better Climate Challenge, a national initiative aimed at mitigating climate change impacts while bolstering the clean energy economy. Today, Keith Sultana, senior vice president of supply chain and operational services for Trane Technologies, joined Energy Secretary Jennifer Granholm and White House National Climate Advisor Gina McCa

Trane Technologies Joins U.S. Department of Energy's Better Climate Challenge to Reduce Operational Emissions by 50% Within 10 Years

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Trane Technologies (TT) continues to focus on steps to increase revenue stream from parts, services, controls, used equipment and rentals.

Trane Technologies' (TT) Growth Initiatives Impress, Debt Ails

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT), a global climate innovator, announced today that company leadership will participate in a fireside chat at Citi's 2022 Global Industrial Tech and Mobility Conference. They will speak at 11:20 AM ET on Wednesday, February 23, 2022. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days follow

Trane Technologies to Present at Citi's 2022 Global Industrial Tech and Mobility Conference

Trane Technologies PLC (NYSE: TT) declared a quarterly dividend of $0.67 per ordinary share or $2.68 annualized. The dividend rate represents an increase of 14% compared to the prior dividend of $0.59 per share.

Trane Technologies Plans New $3B Stock Buyback, Declares Dividend

SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.67 per ordinary share, or $2.68 annualized. The dividend is payable March 31, 2022, to shareholders of record on March 4, 2022. The declaration was consistent with the company's previously announced intention to increase the dividend by 14%. When combined with the dividend increase of 11% in the first quarter of 2021, the annual dividend i

Trane Technologies Declares Quarterly Dividend and Announces New $3 Billion Share Repurchase Program

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, has been named to the Fortune magazine World's Most Admired Companies list for the tenth consecutive year.* “We're very proud of this significant honor,” said Dave Regnery, chair and CEO for Trane Technologies. “Every day, our people around the world bring our purpose to life by boldly challenging what's possible for a sustainable world. “Our innovation is transforming the way the world heats and coo

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